This is an exceptional investment opportunity to own an income-generating property at the price of a single-family home. Situated on a spacious corner lot, this meticulously maintained and remodeled property includes a 4-bedroom, 2-bathroom front house and a separate 2-bedroom, 1-bathroom unit in the back, both fully occupied by long-term, reliable tenants, ensuring immediate and stable rental income. The property is gated for privacy, offers ample parking, and boasts a prime location near USC, Bank of California Stadium, downtown LA, museums, parks, shopping, dining, and major freeways. With low maintenance costs and significant potential for rental growth in a thriving metropolitan area, this property is ideal for both seasoned investors and first-time buyers seeking a profitable and hassle-free investment.
Property Details
Price:
$699,000
MLS #:
RS25012405
Status:
Active
Baths:
0
Address:
1500 W 50th Street
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Jan 17, 2025
State:
CA
ZIP:
90062
Lot Size:
5,791 sqft / 0.13 acres (approx)
Year Built:
1924
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Schools
Interior
Heating
Central
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1500 W 50th Street Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90062
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Courtesy of Circle Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
1500 W 50th Street
Los Angeles, CA
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